Updated silver stock comps, page-23

Ok More updated Silver COMPS. I had someone offline asking if I would re-include the implied mine gross revenue math to look at what different metal prices mean.

I'm leaving TMZ out of the mine math for now because its silver resource is spread across 2 projects - neither viable as is.

With RDM I;m making a big negative assumption that it cannot prove the ~40m-200m sulphide zone can be mined. So am treating it with a very high capex assumption for this purpose. In real life I expect most of these capex costs will end up being higher - but so will metal prices.


So - at current spot prices